Where in the Red Wagon Club franchise agreement can I find information about notices and payments?
Red_Wagon_Club Franchise · 2024 FDDAnswer from 2024 FDD Document
| Notices to Franchisor: | Red Wagon Club Franchise, LLC |
|---|---|
| 2801 Florida Avenue Suite C Coconut Grove, Florida 33133 | |
| Notices | |
| to | |
| Franchisee: | |
| ATTN: Facsimile No.: Email Address: | |
| 6. | FEES. 6.A. 6.B. 6.C. 6.D. 6.E. 6.F. 6.G. | INITIAL FRANCHISE FEE. PROGRAM FEE MEMBERSHIP FEE. BILLING AND COLLECTION INTEREST ON LATE PAYMENTS. NON-COMPLIANCE FEE. METHOD OF PAYMENT AND APPLICATION OF PAYMENTS | 9 |
Source: Item 22 — CONTRACTS (FDD page 47)
What This Means (2024 FDD)
According to the 2024 Red Wagon Club Franchise Disclosure Document, Exhibit A is the Franchise Agreement. The table of contents for the franchise agreement lists section 6 as pertaining to fees. Subsections 6.A through 6.G cover the initial franchise fee, program fee, membership fee, billing and collection, interest on late payments, non-compliance fee, and method of payment and application of payments.
Regarding notices, the contact information for sending official notices to Red Wagon Club is detailed in the franchise agreement. This includes the physical address for Red Wagon Club in Coconut Grove, Florida. There are also fields for the franchisee's address, fax number, and email address, although these are left blank in the sample document.
Therefore, a prospective franchisee can consult section 6 of the franchise agreement for details about all fees and payment procedures. They can also refer to the section regarding notices to understand how to communicate officially with Red Wagon Club.